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EUR/USD ST: the upside prevails.
2024-03-07
259
Pivot: 1.0690
Our preference: long positions above 1.0690 with targets at 1.1015 & 1.1150 in extension.
Alternative scenario: below 1.0690 look for further downside with 1.0630 & 1.0515 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
1.1270
1.1150
1.1015
1.0869 Last
1.0690
1.0630
1.0515
The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.
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